A Brief History About MSM30 Index:  (Currently updated to MSX30 due to the Royal Decree no:5/2021 )

The index of Muscat Stock Market  has been established in 1992. A number of companies included in the index sample has changed overtime to reach currently 30 companies, the most liquid in the market. It was launched on full market capitalization weightage methodology. Since July 1, 2009 MSM30 is being calculated on a free-float market capitalization methodology. A 10% capping (CAP) is set to ensure wider representation of smaller companies in the index.

Muscat Stock Market has other three sectorial indices; Fainancial Sector Index, Industry Sector Index and Services Sector Index. Those indices consist of the top 15 companies.  All of them use value-weighting methodology which is applied to MSM 30 index. In 2013 MSM Shariah Index has been launched consisting of 15 Shariah complaint companies.

Its worthy mentioning that the base value of MSM30 index has been changed from 100 to 1000 points since 1st of June 2004.

The objective of MSX 30:

 The main objective of  MSM 30 is to reflect, objectively and failry, the prices movement of the listed shares in the Market.  

For more detailes download  Index Guide